Fantini Emerging Insights Videos: Genius Sports
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PRESS RELEASE March 18, 2021
GENIUS SPORTS CEO ON INVESTMENT THESIS
Ahead of its IPO through SPAC dMY Technology Group II, Genius Sports Co-Founder and CEO Mark Locke details why Genius is a picks-and-shovel play on sports betting, likening the company to an ETF as it does business with the entire industry.
Locke explains the advantages of Genius’ position as a sports data company including long-term contracts and recurring revenue to investors. He details Genius’ relationships with sportsbooks, leagues and the company’s business model including typical revenue share.
“The opportunities are enormous,” Locke said, adding that the service Genius provides is “mission-critical” to sports betting.
Genius expects the IPO to be completed by the end of the quarter.
This is an ongoing service and more videos will be posted throughout the year.
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